Examlex
Which of the following is not a factor that influences travel decisions:
• Entertainment
• Cost
• Infrastructure
• Climate for comfort
Sunk Costs
Sunk Costs are costs that have already been incurred and cannot be recovered, and should not affect future business decisions.
Additional Costs
Expenses incurred beyond the expected or budgeted amounts, often relating to unexpected events or changes in circumstances.
Nonfinancial Factors
Aspects influencing decision-making in business that are not quantifiable in monetary terms, such as employee satisfaction or environmental impact.
Employee Morale
The overall outlook, attitude, satisfaction, and confidence that employees feel at work, which can significantly impact an organization's success.
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